BBA Aviation Rating Lowered to Sell at Liberum Capital (BBA)
BBA Aviation (LON:BBA) was downgraded by equities research analysts at Liberum Capital to a “sell” rating in a research note issued to investors on Tuesday, Stock Ratings News reports. They currently have a GBX 290 ($4.76) price objective on the stock. Liberum Capital’s price target suggests a potential downside of 7.38% from the stock’s previous close.
BBA Aviation (LON:BBA) traded up 0.45% during mid-day trading on Tuesday, hitting GBX 313.10. 379,103 shares of the company’s stock traded hands. BBA Aviation has a 52-week low of GBX 218.80 and a 52-week high of GBX 345.90. The stock’s 50-day moving average is GBX 319.8 and its 200-day moving average is GBX 310.9. The company’s market cap is £1.498 billion.
A number of other firms have also recently commented on BBA. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of BBA Aviation in a research note to investors on Friday, December 13th. They now have a GBX 345 ($5.66) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of BBA Aviation from GBX 420 ($6.89) to GBX 425 ($6.97) in a research note to investors on Tuesday, November 26th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. BBA Aviation currently has a consensus rating of “Hold” and a consensus target price of GBX 322.82 ($5.29).
BBA Aviation plc is a provider of aviation services and aftermarket support to operators of business and general aviation, military and commercial aircraft.
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